56
56
Apr 19, 2013
04/13
by
CSPAN2
tv
eye 56
favorite 0
quote 0
this year raising taxes $600 billion. but there was never an agreement as part of the sequester or the budget control act to raise taxes so that's where we have a lawyer at. this is the problem so in the debate and i remember sitting up when the president guaranteed the american people that the sequester wouldn't hap but it is happening. it's happeningright now. it's infil all. the house has proposed a budget that eliminates the cuts on the defense department but finds other cuts in the government to replace them with. the president is saying he wants to eliminate the sequester. he apparently indicates that he does, that he wants to do that raising taxes and that is a nonstarter. under the current debt path we are increasing spending every year. the difficulty as i pointed out before our committee so many times is half of the reductions in spending and in the sequester follow in defe which lyup onixt entour rn so that is a disproportionate cut. as you talk to congress about the difficulties, i suggest that you go to 1600
this year raising taxes $600 billion. but there was never an agreement as part of the sequester or the budget control act to raise taxes so that's where we have a lawyer at. this is the problem so in the debate and i remember sitting up when the president guaranteed the american people that the sequester wouldn't hap but it is happening. it's happeningright now. it's infil all. the house has proposed a budget that eliminates the cuts on the defense department but finds other cuts in the...
83
83
Apr 19, 2013
04/13
by
KCSM
tv
eye 83
favorite 0
quote 0
which is now in the grips of its worst recession since the 1970's, has already imposed the biggest tax hikes in living memory. stay with us. when we come back, we have plenty of news for you, including german soccer. >> and the formula one controversial race coming up. we will tell you all about it. stay with us. >> welcome back. >> and thanks for staying with us. we continue in bahrain, which is stepping up security ahead of sunday's formula one grand prix race, which is taking place ahead of a bit of controversy. activists are demanding the race be cancelled due to the country's poor human-rights record, but organizers have billed the event as a force for good. >> it is the biggest sporting event hosted by the gulf state. it is, however, taking place against a backdrop of tensions as unrest continues in the arab island kingdom. >> clashes between pro-democracy demonstrators and security forces in the country have occurred on an almost daily basis. here's more. >> with just a few days to go until the formula one race, protesters nearby rain's capital are stepping up their demonstratio
which is now in the grips of its worst recession since the 1970's, has already imposed the biggest tax hikes in living memory. stay with us. when we come back, we have plenty of news for you, including german soccer. >> and the formula one controversial race coming up. we will tell you all about it. stay with us. >> welcome back. >> and thanks for staying with us. we continue in bahrain, which is stepping up security ahead of sunday's formula one grand prix race, which is...
143
143
Apr 19, 2013
04/13
by
CSPAN2
tv
eye 143
favorite 0
quote 0
in pakistan the government is not execute a much-needed policy and tax reforms and the company -- country faces no prospects for sustained economic growth. on a somewhat more positive note dispatcher the armed forces continued operations in the areas which have been safe havens are al qaeda and the taliban. and pakistan has established national provincial assembly elections on may it will mark a historic first if they transfer government peacefully. in china last month, huge and pain ecame president his country can do to supplement its military to put those by bolstering maritime law enforcement to support its claims in the south and east china sea. russia will continue to resist putting more international pressure on syria or iran. it will also continue to display great sensitivity to missile defense. closer to home despite positive trends towards democracy and economic development, latin america and creating content oaw recovery from natural disasters and drug-related violence and trafficking. in venice with the presidential election occurred four days ago to decide a six-year term of t
in pakistan the government is not execute a much-needed policy and tax reforms and the company -- country faces no prospects for sustained economic growth. on a somewhat more positive note dispatcher the armed forces continued operations in the areas which have been safe havens are al qaeda and the taliban. and pakistan has established national provincial assembly elections on may it will mark a historic first if they transfer government peacefully. in china last month, huge and pain ecame...
168
168
Apr 19, 2013
04/13
by
CNBC
tv
eye 168
favorite 0
quote 0
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> there was a car jacking that took place, as well, in cambridge involving a mercedes suv. that car was ultimately discovered here in watertown and is pursued by the watertown police department. the pursuit went into a residential neighborhood not far from here where there was an exchange of gunfire between watertown police, nbta police officer and is two suspects in this suv. during the course of that pursuit, several explosive devices were discharged from the car at the police officers. in the exchange of the gunfire, we believe that one of the suspects was struck and ultimately taken into custody. a second suspect was able to flee he from that car and there is an active search going on at this point in time. an mbta police officer was struck during that exchange of gunfire and is currently at the hospital in
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> there was a car jacking that took place, as well, in cambridge involving a mercedes suv. that car was ultimately discovered here in watertown and is pursued by the watertown police department. the pursuit...
166
166
Apr 19, 2013
04/13
by
KRON
tv
eye 166
favorite 0
quote 0
. >> total devastation that was taxes attorney general that compared it to a war zone pam now back to yale >> pam: today marks the anniversary of the 1906 earthquake. the seven-point-eight magnitude earthquake struck at 5:12 in the morning 107 years ago. reporter will tran with more on the anniversary today. >> here is video that we shot of the bomb squad after someone called bin after noticing a suspicious package. also thinking about what happened and boston. that's when they discovered this black bag that was dropped off with this from this person wearing dark clothes. officers were going on around looking for the suspect, they were unable to find a suspect. we will remove the ceremony to a different location. we will sweep this area due to this dignitaries attending. the ceremony went out and went off without a hitch they would not be deterred. whatever was in the back was not explosive they left the area about 530 this morning after they thought everything was ok. but what i had and last are reached at that location. will tran kron foreman's >> wayne on the south side of chicago
. >> total devastation that was taxes attorney general that compared it to a war zone pam now back to yale >> pam: today marks the anniversary of the 1906 earthquake. the seven-point-eight magnitude earthquake struck at 5:12 in the morning 107 years ago. reporter will tran with more on the anniversary today. >> here is video that we shot of the bomb squad after someone called bin after noticing a suspicious package. also thinking about what happened and boston. that's when...
129
129
Apr 19, 2013
04/13
by
CSPAN
tv
eye 129
favorite 0
quote 0
it used to be in 1997 that the total tax revenue raised from the corporate tax, income tax, and the consumption tax was 41 trillion yen, but in the following year, it was reduced down to 37 trillion yen. we hope it would add another five trillion yen to the retina. instead we lost four trillion yen. >> speaking in ja artyast year the ruling was able to strike an agreement, 18 provisionse included. have d.c. first of all to pick up the economy, otherwise there is no way the consumption tax would take place. whether to do it will be decided by october. if we end up having picked up an economy by then, we can raise the tax, but if it does not look that well then, the timing of the raising of the tax will be deferred to a later date. i am sure in this kind of response we have been seriously considering the implications of the tax increase trade you asked me if i could make a decision right now to say definitely that taxation will be raised, stage we cannot say that definitely. we have to allow more time to make sure that the economy will really get better. then the judgment will be made definitely.
it used to be in 1997 that the total tax revenue raised from the corporate tax, income tax, and the consumption tax was 41 trillion yen, but in the following year, it was reduced down to 37 trillion yen. we hope it would add another five trillion yen to the retina. instead we lost four trillion yen. >> speaking in ja artyast year the ruling was able to strike an agreement, 18 provisionse included. have d.c. first of all to pick up the economy, otherwise there is no way the consumption tax...
100
100
Apr 19, 2013
04/13
by
CSPAN
tv
eye 100
favorite 0
quote 0
we think we win with lower taxes, less government. we think we win. [laughter] let me just say -- right now a little straight talk. right now we're not competitive because this issue has to be resolved in the minds of our citizens who feel this is a vital, important issue that needs to be resolved. >> in 1955 when i was born how many workers were there for every person retiring in this country? 16. how many are there today? three. how ny in 20 years? two. where do the workers come from? 10,000 baby boomers are retiring a day. one day it will be john. john's mother is 101. everyone is living like john's mother. that is the good news. if we don't reform medicaid and medicare we're going to be greece. if you don't have a legal immigration system to supplement a declining population you're committing economic suicide. here's the key to bring people from all over the world not the people who live next door. notg them in on your terms theirs. to those who say we don't need legal immigration you're crazy. look at what is going on in america. we're declining
we think we win with lower taxes, less government. we think we win. [laughter] let me just say -- right now a little straight talk. right now we're not competitive because this issue has to be resolved in the minds of our citizens who feel this is a vital, important issue that needs to be resolved. >> in 1955 when i was born how many workers were there for every person retiring in this country? 16. how many are there today? three. how ny in 20 years? two. where do the workers come from?...
112
112
Apr 19, 2013
04/13
by
KICU
tv
eye 112
favorite 0
quote 0
maybe it is the fear that we all had with the government cutbacks and also the tax hike that we had - that's the increased payroll tax for social security that we saw - so that is biting into the economy. but clearly, almost all the data, not only here but around the world, has come out weaker, so that is real; and combine that with some disappointing earnings on balance, and i think that is cause for concern or pause for the market right now. - gold futures made a mighty move to the downside this week. what are you seeing in gold mining stocks? - wow, i tell you, it was a real blowout in gold. gold is one of those assets, but i look at gold back in '08 was, i think, a low $600, and it is now still, what, close to $1,400? so, a set-back was ok, it was just one of those classic commodity washouts. gold miners, on the other hand, they have lagged the price of gold for the past several years at least, and a lot of that has to do with their cost of production and some of the acquisitions they've made and some of the operating cost or lack of management of such. so it's a little different.
maybe it is the fear that we all had with the government cutbacks and also the tax hike that we had - that's the increased payroll tax for social security that we saw - so that is biting into the economy. but clearly, almost all the data, not only here but around the world, has come out weaker, so that is real; and combine that with some disappointing earnings on balance, and i think that is cause for concern or pause for the market right now. - gold futures made a mighty move to the downside...
81
81
Apr 19, 2013
04/13
by
CSPAN2
tv
eye 81
favorite 0
quote 0
every one of those had to be eat late taxed. the congress imposed a more onerous, more restrict it from a comma rules that on my ability to move money from ppa to ppa. i have small pdas with not a lot of money but for whatever reason decided there needed to be more over the national intelligence program. the effect of the fy 13 of her rations that did help us in that it allowed us to move money around civic and that the money into the path we are committed to by virtue of the fact were five men in before we got a bill. sowo ba dister t it. a cab structure, did allow new start,t also frommocountschss here was what many at the endf the day and of course the of sequestration was doubled because we had to take it in seven months. iraq i was. ealistic impact. >> that is helpful because it provides more of a context of things we might be able to do. again, we have a macro issue of sequestration can watch everyone recognizes it's in packs on your programs. but i stand legislative authorization not on this committee that the intelligenc
every one of those had to be eat late taxed. the congress imposed a more onerous, more restrict it from a comma rules that on my ability to move money from ppa to ppa. i have small pdas with not a lot of money but for whatever reason decided there needed to be more over the national intelligence program. the effect of the fy 13 of her rations that did help us in that it allowed us to move money around civic and that the money into the path we are committed to by virtue of the fact were five men...
17
17
tv
eye 17
favorite 0
quote 0
of the quotes from heads of states and unelected bureaucrats who have basically imposed policies on tax payers and citizens around the world based on this paper all the rand of the european commission says it is widely acknowledged based on serious research that when public debt levels rise above ninety percent they tend to have a negative economic dynamism which translates into low growth for many years and timothy geitner said it's an excellent study although in some ways understates the risks so here are guys setting economic policy they have a whole team of hundreds of economists that work at the treasury why didn't he ever even think to look at the data and test it himself because they wanted this outcome anyway this is they fit the facts around what they wanted. ideologically right well there's a double tragedy at play here because of course people like paul krugman and the money printers will say you see steroids bad we need to print lots of money but of course they have an academic agenda as well they're not paul krugman doesn't have a real job he's summer had a real job he does
of the quotes from heads of states and unelected bureaucrats who have basically imposed policies on tax payers and citizens around the world based on this paper all the rand of the european commission says it is widely acknowledged based on serious research that when public debt levels rise above ninety percent they tend to have a negative economic dynamism which translates into low growth for many years and timothy geitner said it's an excellent study although in some ways understates the...
78
78
Apr 19, 2013
04/13
by
KQED
tv
eye 78
favorite 0
quote 0
tax incentives. that will attract investment and channel investment into areas where investment is required. >> is that package already on the table? >> it is. it is. we have a good tax policy for investment in infrastructure. we give tax breaks, in fact, infrastructure, lending is easier. lending is cheaper. there are tax holidays for investment in infrastructure. which is why money is going into infrastructure. the point that we are making now is that if infrastructure that will make a country's economy very strong. we need roads. we need ports. we need seaports. we need more steal making. we need more mining. these are the critical areas in which investment must go. >> is corruption a big problem? >> it is a problemment but no more than in most other countries. wherever i go, i open the newspaper and i find there are charges of corruptio against the government of the day. i admit that, it is a problem. but it's not as big a problem as it is made out to be. to say that everyone is corrupt is i thin
tax incentives. that will attract investment and channel investment into areas where investment is required. >> is that package already on the table? >> it is. it is. we have a good tax policy for investment in infrastructure. we give tax breaks, in fact, infrastructure, lending is easier. lending is cheaper. there are tax holidays for investment in infrastructure. which is why money is going into infrastructure. the point that we are making now is that if infrastructure that will...
SFGTV2: San Francisco Government Television
50
50
Apr 19, 2013
04/13
by
SFGTV2
tv
eye 50
favorite 0
quote 0
streets and parks and affordable housing by the value of private investment and using the power of tax increment financing. the value of the public land and the targeted developer fees and helping us create this vision without resorting to overburdening our general fund or new taxes. when this terminal was originally built in the 1930s it was a growing project. i'm confident the growth san francisco will continue to grow with a new transit center and downtown district. i also want to give a great shot out to president obama, it was really his funds that helped us kick this off and pelosi and feinstein and boxer and their on going constant up to date support. at the state level, governor brown has been a very strong supporter and leaders of both houses, president stein house and president per ez have shown strong leadership. this check is much more symbolic of many many other checks that have come as a result of investor confidence in the city. i want to thank the labor for being part of all these projects and the business community for working closely with us and the transbay joint pow
streets and parks and affordable housing by the value of private investment and using the power of tax increment financing. the value of the public land and the targeted developer fees and helping us create this vision without resorting to overburdening our general fund or new taxes. when this terminal was originally built in the 1930s it was a growing project. i'm confident the growth san francisco will continue to grow with a new transit center and downtown district. i also want to give a...
115
115
Apr 19, 2013
04/13
by
CNBC
tv
eye 115
favorite 0
quote 0
you know, taxes are changing, payroll taxes, income taxes, sequestration. and there was a little bit of a pause. but then we saw us get out of that, and i think they're still confidence-rich -- confidence-poor -- confidence-rich and cash-poor. >> i love that phrase, and i have gave you credit of late. initially, no. military, you've had two relationships with military. one, i've never seen a company more aggressively try to hire people from the military. and the other thing is, i didn't know you did so much business with the military, and that's been tough now because of sequester. >> sure, sure. one of the things about snap-on, for years we focused on auto repair. but what we've been doing lately is rolling the snap-on brand out of the garage to critical industries where the penalty for failure is high. >> aerospace. >> aerospace, military. one of the first places we went to is military. and we built a big business there. it's been down, but aerospace is coming up. aerospace and natural resources is what double digits in the quarter for us. i was just at a
you know, taxes are changing, payroll taxes, income taxes, sequestration. and there was a little bit of a pause. but then we saw us get out of that, and i think they're still confidence-rich -- confidence-poor -- confidence-rich and cash-poor. >> i love that phrase, and i have gave you credit of late. initially, no. military, you've had two relationships with military. one, i've never seen a company more aggressively try to hire people from the military. and the other thing is, i didn't...
91
91
Apr 19, 2013
04/13
by
KQED
tv
eye 91
favorite 0
quote 0
ceo bill simon says his consumers were most worried about jobs followed by inflation, taxes and gas prices. consumers may have concerns, but a number of analysts aren't worried. >> i think walmart right now is running as well as walmart has ever run since i started watching them in 1968. they are doing a fabulous job of bringing product at the price to the customer. >> reporter: and the stockholders are reaping the benefits. walmart sharesgained 27% er the last year,terhan the s&p indexand the broad s& sp 500 ereime period. courtney reagan.s repori'" >>> and owtomorre turn housg ane company to watch this earnings season. >>> so many american companies including many walmart suppliers move manufacturing out of the u.s. to plants in china, looking to save money. but things have changed. rising costs for labor, material and shipping has forced a lot of companies to consider bringing some of those jobs back home. phil lebeau has more from shanghai. >> reporter: here in shanghai, u.s. manufacturers who have set up plants here in china are facing a new challenge, rising costs. in fact, a new stu
ceo bill simon says his consumers were most worried about jobs followed by inflation, taxes and gas prices. consumers may have concerns, but a number of analysts aren't worried. >> i think walmart right now is running as well as walmart has ever run since i started watching them in 1968. they are doing a fabulous job of bringing product at the price to the customer. >> reporter: and the stockholders are reaping the benefits. walmart sharesgained 27% er the last year,terhan the...
93
93
Apr 19, 2013
04/13
by
FBC
tv
eye 93
favorite 0
quote 0
>> well, i mean, so much for disgruntled tax filers irresponsible for your will attack. you know, this opens a single to all sorts of investigations. right now obviously there is a major effort not just ride on the ground in the immediate boston regional area, but now you are looking at the jets' new head, you're looking at the extent to which this was deployed from the outside. and to the extent to which there are supports or a support structure internally your that allow for this attack to take place. connell: two brothers are less to be a part of this, one that was killed and the other that is said to be 19 years old and still at large. you mentioned their background, the fact that there are originally from chechnya. they came here, we think, in 2002 and three, some are in an area. is it possible that they just acted alone? working together as brothers? is it more likely from your experience of the years that they did have some support from the outside, or read my be. >> you know, is suspect gillette to let this point, but if i had to put my chest down on a table i wa
>> well, i mean, so much for disgruntled tax filers irresponsible for your will attack. you know, this opens a single to all sorts of investigations. right now obviously there is a major effort not just ride on the ground in the immediate boston regional area, but now you are looking at the jets' new head, you're looking at the extent to which this was deployed from the outside. and to the extent to which there are supports or a support structure internally your that allow for this attack...
163
163
Apr 19, 2013
04/13
by
CSPAN
tv
eye 163
favorite 0
quote 0
they will pay a fine and start paying taxes. it will not qualify for federal benefits. if we all wish we did not have this problem, but we do and we have to fix it. leading kings the way they are is the real amnesty. things theleaving way they are is the real amnesty. host: on twitter -- give us a sense of the size of the bill. guest: 844 pages. initial estimates were that it would be as much as 1500 pages. large billl been a for a lot of the legislative aides, hill to look through. in terms of preparing for hearings today, the members on that tradition in committee who were not part of the gang of eight are working to try to read through the whole bill in time during it is a bit of direct process. in terms of how it came toth, e grp of lawmakers has been meeting sce after the el to start thinking about how twaedimgr mbshf p s shted. the senator from utah was involved in talks but ultimatel decided not to go along with the direction of the game because he had concerned about the direction of citizenship. it really came together in february when marco rubio signed on, re
they will pay a fine and start paying taxes. it will not qualify for federal benefits. if we all wish we did not have this problem, but we do and we have to fix it. leading kings the way they are is the real amnesty. things theleaving way they are is the real amnesty. host: on twitter -- give us a sense of the size of the bill. guest: 844 pages. initial estimates were that it would be as much as 1500 pages. large billl been a for a lot of the legislative aides, hill to look through. in terms of...
92
92
Apr 19, 2013
04/13
by
FBC
tv
eye 92
favorite 0
quote 0
you have to collect taxes and automate processes in a far quicker way to satisfy the needs of a modern economy but the big thing government has to do is stop spending money on things that don't matter. this matters. innovation matters don't do things that a clematis -- commodities vegas investment changes the game. liz: and the stock is up year over year but we watch this closely and oracle of the competitor up 11% so you are doing better. the closing bell rings in 70 minutes. talk about a splash, see world jumps more than 25 percent of the stock market debut. yes they launched the ipo date to doubt the negative news flow and went for a. entertainment joins us next so why was now the good time to go public?@ and as we told you the developing news this hour the boston red sox game against kansas city royals cancelled tonight. you are looking at a live shot of a very empty fenway park just a few miles away from a massive manhunt in watertown and cambridge and will remain empty tonight. no game and the bruins hockey game also canceled for all the developments on fox business. dow jones in
you have to collect taxes and automate processes in a far quicker way to satisfy the needs of a modern economy but the big thing government has to do is stop spending money on things that don't matter. this matters. innovation matters don't do things that a clematis -- commodities vegas investment changes the game. liz: and the stock is up year over year but we watch this closely and oracle of the competitor up 11% so you are doing better. the closing bell rings in 70 minutes. talk about a...
118
118
Apr 19, 2013
04/13
by
KQED
tv
eye 118
favorite 0
quote 0
the process would take 13 years and applicants would have to pay a fine and back taxes, learn english, and pass a criminal background check among other hurdles. but before that system can even be set up certain security goals must be met, including improvements to the border fence. one member of the group, senator lindsey graham of south carolina said failing to change the nation's immigration system would be economicide ice oly waymera loses is to do nothing. and to the who bieveat we don'tl immigration in the future, you're in denial about the demographics. and to those who say this costs more to take people out of the shadows and put them a legal status where they pay taxes, you've certainly lost me. that makes no sense. >> warner: for more now we turn to illinois democrat dick durbin, the majority whip in the senate sand a member of the so-called gang of eight. welcome, senator durbin. you all have been working on this non-stop since the start of this congress. how hard was this to forge this compromise? >> this wasn't easy. you know, you have eight willful members of the u.s. sen
the process would take 13 years and applicants would have to pay a fine and back taxes, learn english, and pass a criminal background check among other hurdles. but before that system can even be set up certain security goals must be met, including improvements to the border fence. one member of the group, senator lindsey graham of south carolina said failing to change the nation's immigration system would be economicide ice oly waymera loses is to do nothing. and to the who bieveat we don'tl...
1,173
1.2K
Apr 19, 2013
04/13
by
FBC
tv
eye 1,173
favorite 0
quote 0
increase, at the payroll tax. so, these issues we have to get through. i don't think they're major but they are headwinds. now we've got a lot of people thinking about what happened last year. down 3% in the second quarter. people wanted to buy in the market started to dip. wait a minute. this may be more significant. the fact of matter, as he have yesterday, 7% of the companies that reported earnings beat estimates. whether the estimates were poor estimate, weak estimates. the fact of the matter as long as data remains relatively, weak, not strong, muddled through the fed will be a long way as way from ending its quantitative easing. the other thing we havv to pay attention to which i think gives us a lot of upside potential is that what's happening in japan is nothing less than significant. and we need to pay attention to the yen. tracy: so let's first finish with the united states because i know you are hot on the yen. you've talked about it last time you were here. that means based on what you're say, second q
increase, at the payroll tax. so, these issues we have to get through. i don't think they're major but they are headwinds. now we've got a lot of people thinking about what happened last year. down 3% in the second quarter. people wanted to buy in the market started to dip. wait a minute. this may be more significant. the fact of matter, as he have yesterday, 7% of the companies that reported earnings beat estimates. whether the estimates were poor estimate, weak estimates. the fact of the...